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HinduBusinessLine

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Leela Hotels IPO subscribed 47% by midday on final day

  • Leela Hotels IPO saw 47% subscription by midday on the final day.
  • Retail individual investors showed the strongest response, with a 50% subscription rate.
  • Institutional participation was subdued, with qualified institutional buyers subscribing to 60% and non-institutional investors to 19%.
  • The IPO price band is set at ₹413-435 per share, with a minimum bid requirement of 34 shares, and the IPO comprises a fresh issue of ₹2,500 crore and an offer for sale worth ₹1,000 crore.

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